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The Following Are the Nine Steps in the Accounting Cycle

Question 19

Short Answer

The following are the nine steps in the accounting cycle. Put the steps in the correct order by writing the correct step number beside each step.
_____ Prepare financial statements
_____ Post to ledger accounts
_____ Analyze business transactions
_____ Journalize and post closing entries
_____ Prepare a trial balance
_____ Prepare an adjusted trial balance
_____ Journalize the transactions
_____ Journalize and post adjusting entries
_____ Prepare a post-closing trial balance

Correct Answer:

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__7__ Prepare financial statements
__3_...

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